Strategic Shareholder Climate and Risk Financial Financial Barclays PLC 32 report information sustainability report Governance review review statements Annual Report 2022 Our people and culture (continued) Our data-led approach, underpinned by our Our approach to diversity, We have five strategic priorities: 2022 highlights Wellbeing Index (now in its second year), brings equity and inclusion • Workforce diversity together actionable insights for people leaders. It We have: We launched our refreshed DEI vision and strategy • Inclusive and equitable culture also enables curation of content for colleagues to incorporate 'equity’ into how we talk about, and • Achieved our ambition to double the that is grounded in clinical evidence to help them • Leadership accountability take action to progress, our DEI activities. number of Black Managing Directors in the better manage their own health. Ongoing leader- • Data transparency and accountability UK and US by the end of 2022, going from Our vision is to strengthen our diverse, equitable led campaigns are at the forefront of the way we nine to 18. • Optimisation of external relationships. and inclusive culture, with a view to attracting and engage with colleagues, with regular expert retaining the best talent, building high- • Increased our female representation at These priorities are underpinned by our guiding speaker events chaired by senior executives. Our performing teams which generate better Director/Managing Director grades to principles of accountability, transparency and ‘Talk Money’ week in the UK challenged the outcomes for our customers and clients, whilst 29%∆, in line with our gender ambitions of engagement. These principles and priorities help stigma around talking about money, building also meeting the expectations of our regulators, 33% female representation at this level us to deliver against our six core agendas – confidence with financial management and shareholders and other stakeholders. by 2025. disability, gender, LGBT+, multicultural, signposting to free and confidential support. This multigenerational and socio-economic. is complemented by practical resources and • Launched partnerships with Historically guidance offered through our global Be Well Black Colleges and Universities (HBCUs) portal (with 45% of colleagues registered), and and Hispanic-Serving Institutions (HSI) in our Employee Assistance Programme. the US, creating a pipeline of diverse talent into Barclays. In response to increases in living costs experienced by our UK colleagues, we brought • Our Inclusion Index score improved to forward part of the 2023 pay increase, awarding 82% (from 79% in 2021) and we increased 35,000 UK-based junior colleagues a £1,200 engagement with colleagues through salary increase effective from August 2022, webcasts, workshops and events including ahead of our annual salary review. In January our inaugural ‘Inclusion Unleashed’ week 2023, Barclays worked closely with Unite the • Appointed Accountable Executives (AEs) Union to agree a 2023 UK pay deal which, to champion and galvanise support for each combined with the August 2022 increases, of our six agendas with an emphasis on brought the total average salary increase for our intersectionality. lowest paid colleagues up to 11%. By doing this we ensured that our minimum rate of pay in the UK remains well ahead of Living Wage Foundation benchmarks. Note ∆ 2022 data subject to independent Limited Assurance under Similarly, we brought forward part of the 2023 ISAE(UK)3000 and ISAE3410. Refer to the ESG Resource Hub for details: pay increase for our most junior colleagues in home.barclays/sustainability/esg-resource-hub/ Belgium, France, Ireland, Italy, Luxembourg, Netherlands, Portugal and Spain, awarding them €1,500 effective from 1 November 2022. In November, we also awarded junior colleagues in Germany a one-off payment of €2,000 as that approach, whilst having the same effect, was more appropriate under local rules. For further information on the resources and support + available to colleagues relating to financial wellness, please visit the 2022 Fair Pay Report.